Laserfiche WebLink
SUBJECT: UPDATE ON CORE PROJECT AREA TIF BOND PROGRESS <br /> <br /> <br />DATE:AUGUST 11, 2014 <br />PAGE3OF3 <br /> <br />Staff intends to present the bond documents to the City Council at their September 2, <br />2014 meeting in accordance with the IGA between the two entities. The Council will <br /> <br />RECOMMENDATION: <br />This memorandum is for discussion purposes only. Staff is not requesting a formal <br />action relating to the bond documents at this time. The LRC will be asked for formal <br />approval after the City Council has reviewed and adopted the required resolution. Staff <br />expects asking LRC for formal action at the September 2014 meeting. <br />Staff would like input from the Commission regarding the risk of only funding the <br />infrastructure approved in the DELO Phase 1 development. If the LRC is uncomfortable <br />with the first phase being the only development constructed, additional language may <br />be needed to address the concern. <br />ATTACHMENT(S): <br /> <br />1. DELO Phasing Plan <br />LOUISVILLE REVITALIZATION COMMISSION <br /> <br />